M&A Deal Summary

Inovalon Acquires VigiLanz

On February 5, 2024, Inovalon acquired internet software and services company VigiLanz

Acquisition Highlights
  • This is Inovalon’s 2nd transaction in the Internet Software and Services sector.
  • This is Inovalon’s 6th transaction in the United States.
  • This is Inovalon’s 2nd transaction in Minnesota.

M&A Deal Summary
Date 2024-02-05
Target VigiLanz
Sector Internet Software and Services
Buyer(s) Inovalon
Deal Type Add-on Acquisition

Target

VigiLanz

Minneapolis, Minnesota, United States
VigiLanz is a provider of SaaS-based clinical surveillance and patient safety technology. The firm is focused on advancing the delivery of data-driven care by transforming complex patient data into meaningful and actionable insights in real-time, helping clinicians and life sciences identify opportunities to avoid or minimize harm, improve safety, and provide the highest quality healthcare. It is a clinical partner to a large and growing community of hospital CMOs, CMIOs, CIOs, quality and safety teams, infectious disease and control specialists, pharmacists, and other clinicians dedicated to innovative, real-time inpatient and outpatient care. VigiLanz was formed in 2001 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Inovalon

Bowie, Maryland, United States
Category Company
Founded 1998
Sector Information Technology
Employees2,500
Revenue 668M USD (2020)
DESCRIPTION

Inovalon is a provider of cloud-based platforms empowering data-driven healthcare. Through the Inovalon ONE Platform, the company brings to the marketplace a national-scale capability to interconnect with the healthcare ecosystem, aggregate and analyze data in real-time, and empower the application of resulting insights to drive meaningful impact at the point of care. Inovalon was founded in 1998 and is based in Bowie, Maryland.

DEAL STATS #
Overall 6 of 6
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 6 of 6
State (Minnesota) 2 of 2
Country (United States) 6 of 6
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-02 Avalere Health

Washington, District of Columbia, United States

Avalere Health is a healthcare consulting and advisory firm. Avalere partners with leading life sciences companies, health plans, providers, and investors to bring innovative, data-driven solutions to complex healthcare challenges. Avalere Health was founded in 2000 and is based in Washington, District of Columbia.

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